A directory containing an `__init__.py` (even an empty one) is a package, letting you organize related modules under a shared namespace.
python # mypackage/__init__.py from .wallet import Wallet from .chain import ChainClient # usage elsewhere: from mypackage import Wallet
Relative imports (`from .module import name`) reference siblings within the same package; absolute imports reference the full dotted path from the project root. Since Python 3.3, "namespace packages" can technically omit `__init__.py`, but including it explicitly remains common for clarity and to control the package's public API via `__all__`.